Archive for October, 2007

Apple’s Leopard Hacked To Run On A PC

Posted: October 31, 2007 in Tech

The Apple Leopard OS X operating system may be out for just a few days, but hackers have already figured out how install the new OS and run it on a PC.

Full instructions are being offered by the OSx86 Scene forum that will allow users to install Apple’s latest operating system, Leopard, on a PC. The process involves no new hardware, but some features such as Wi-Fi support will not work.

Although it’s possible to run Mac OS X on a PC, Apple does not allow publishers of virtualization software to develop a PC-friendly method of running their OS on Windows machines.

$100 Laptop Goes on Sale for $200

Posted: October 31, 2007 in Tech

Nicholas Negroponte’s much-touted $100 laptop is now officially on sale via the One Laptop per Child Foundation’s Web site, with production cost now totaling $200.

The $200 price tag is only for those purchasing a minimum of 10,000 laptops. For 1,000 laptops, the price goes to $249 and OLPC says it will use that $49 to fund additional laptops. Those wanting to donate just 100 laptops can buy them for $299 each, with $99 going toward more laptops.

Billionaire Mukesh Ambani became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and investment guru Warren Buffett.

The net worth of Mukesh Ambani rose to 63.2 billion dollars after a strong share price rally in his three group companies — India’s most valued firm Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd.

The net worth of both Gates and Slim is estimated to be slightly lower at around 62.29 billion dollars each, with Slim leading among the two by a narrow margin.

Warren Buffett, earlier the third richest in the world, also dropped one position with a net worth of about 56 billion dollars.

$8.2 Billion Purchase Of Avaya Completed

Posted: October 30, 2007 in Tech

Avaya Inc. has accpeted a buyout offer of $8.2 billion from Silver Lake Partners and TPG Inc. The deal values Avaya at $17.50 a share, a 28% premium over the $13.67 a share the stock closed at before the buyout rumors began on May 29th.

Avaya has already received all regulatory approvals, including clearance from the European Commission, to complete the deal.

Oracle’s bid to acquire middleware developer BEA Systems has expired with the passing of the 28 October deadline.

Oracle had offered to acquire BEA for $17 a share, valuing the company at $6.7billion.  BEA Systems rejected the offer and said it has concluded that the Oracle offer significantly undervalues BEA. BEA put forward a counter-proposal of $21 a share, which was rejected by Oracle.

Opera connects mobile and desktop worlds

Posted: October 30, 2007 in Tech

Opera released Opera Link. Wherever you are, whatever Opera browser you use, or whichever device you use Opera on, you can instantly access your bookmarks, Speed Dial, and personal bar. Say goodbye to the tedious hassle of entering text in your mobile phone to visit your top sites and say hello to a new level of convenience from device to device.

Opera Link forms a key cornerstone of two beta products released today. Opera Link is supported in the high-performance Opera 9.5 beta and the newest beta of Opera Mini 4.

Microsoft buys stake in Facebook

Posted: October 26, 2007 in Tech

Microsoft has won the race against Google in having a stake in social networking Web site, Facebook.  Microsoft bought a 1.6 percent stake in Facebook at a price of $240 million.

The deal gave Microsoft the exclusive rights to act as ad seller on Facebook using Microsoft software internationally.